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Coca-Cola Enterprises Inc (NYSE:CCE)
Cash Flow from Operations
$1,180 Mil (TTM As of Sep. 2015)

Cash flow from operations refers to the cash brought in through a company’'s normal business operations. It is the cash flow before any investment or financing activities. It is the cash version of net income.

For the three months ended in Sep. 2015, Coca-Cola Enterprises Inc's Net Income From Continuing Operations was $168 Mil. Its DDA was $70 Mil. Its Change In Working Capital was $159 Mil. Its cash flow from deferred tax was $19 Mil. Its Cash Flow from Discontinued Operations was $0 Mil. Its Stock Based Compensation was $14 Mil. And its Cash Flow from Others was $-2 Mil. In all, Coca-Cola Enterprises Inc's Cash Flow from Operations for the three months ended in Sep. 2015 was $428 Mil.


Definition

Cash flow from operations refers to the cash brought in through a company’'s normal business operations. It is the cash flow before any investment or financing activities. It is the cash version of net income.

Coca-Cola Enterprises Inc's Cash Flow from Operations for the fiscal year that ended in Dec. 2014 is calculated as:

Coca-Cola Enterprises Inc's Cash Flow from Operations for the quarter that ended in Sep. 2015 is

Coca-Cola Enterprises Inc Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2015 was 391 (Dec. 2014 ) + 158 (Mar. 2015 ) + 203 (Jun. 2015 ) + 428 (Sep. 2015 ) = $1,180 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

Cash flow from operations contains six items:

1. Net Income From Continuing Operations:
Net Income From Continuing Operations indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. It excludes extraordinary items, income from the cumulative effects of accounting changes, non-recurring items, income from tax loss carry forward, and preferred dividends.

Coca-Cola Enterprises Inc's net income from continuing operations for the three months ended in Sep. 2015 was $168 Mil.

2. Depreciation, Depletion and Amortization:
Depreciation is a present expense that accounts for the past cost of an asset that is now providing benefits.
Depletion and amortization are synonyms for depreciation.
Generally:
• The term “depreciation” is used when discussing man made tangible assets
• The term “depletion” is used when discussing natural tangible assets
• The term “amortization” is used when discussing intangible assets

Coca-Cola Enterprises Inc's depreciation, depletion and amortization for the three months ended in Sep. 2015 was $70 Mil.

3. Change In Working Capital:
Working Capital is a measure of a company's short term liquidity or its ability to cover short term liabilities. It is defined as the difference between a company's current assets and current liabilities. Changes in Working Capital is reported in the cash flow statement since it is one of the major ways in which net income can differ from operating cash flow.

Coca-Cola Enterprises Inc's change in working capital for the three months ended in Sep. 2015 was $159 Mil. It means Coca-Cola Enterprises Inc's working capital increased by $159 Mil from Jun. 2015 to Sep. 2015 .

4. Deferred Tax:
It is the cash flow generated from deferred tax.

Coca-Cola Enterprises Inc's cash flow from deferred tax for the three months ended in Sep. 2015 was $19 Mil.

5. Cash Flow from Discontinued Operations:
Cash received by a company that comes from the sale of part of business.

Coca-Cola Enterprises Inc's cash flow from discontinued operations for the three months ended in Sep. 2015 was $0 Mil.

6. Stock Based Compensation:
It is a way corporations use stock options to reward employees. It provides executives and employees the opportunity to share in the growth of the company and, if structured properly, can align their interests with the interests of the company's shareholders and investors, without burning the company's cash on hand.

Coca-Cola Enterprises Inc's stock based compensation for the three months ended in Sep. 2015 was $14 Mil.

7. Cash Flow from Others:
These are cash differences caused by the change of inventory, accounts payable, accounts receivable etc. For instance, if a company pays its suppliers slower, its cash position will build up faster. If a company receives payments from its customers slower, its account receivables will rise, and its cash position will grow more slowly (or even shrink).

Coca-Cola Enterprises Inc's cash flow from others for the three months ended in Sep. 2015 was $-2 Mil.


Related Terms

Net Income From Continuing Operations, Depreciation, Depletion and Amortization, Change In Working Capital, Cash Flow from Discontinued Operations, Stock Based Compensation, Cash Flow from Others, Cash Flow from Investing


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Coca-Cola Enterprises Inc Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
NetIncomeFromContinuingOperations 514-1,143711-4,394576624749677667663
CF_DDA 1,0441,0121,0671,050280264321335308309
ChangeInWorkingCapital 58-111-93-57421-106107-79-80
CF_DeferredTax 78-1,07318-2,59920-6-121-132-7765
Cash Flow from Disc. Op. 0000000000
Stock Based Compensation 000440043353328
Cash Flow from Others -752,905-487,574-53-78-24-75-19-3
Cash Flow from Operations 1,6191,5901,6551,618827825862947833982

Coca-Cola Enterprises Inc Quarterly Data

Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15
NetIncomeFromContinuingOperations 18228913511519823811296176168
CF_DDA 81727775787878716770
ChangeInWorkingCapital -14913142-125-15210187-3-69159
CF_DeferredTax 13-51-11-417475-92119
Cash Flow from Disc. Op. 0000000000
Stock Based Compensation 68987678814
Cash Flow from Others 01-16-2-2-12-50-2
Cash Flow from Operations 13345023667146378391158203428
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